For a short period some of our affiliates operated as a retirement planning franchise and financial planning franchise. With the success of its independent representatives, the firm believed that the Parsonex business opportunity provided potentially better returns and income than other franchise opportunities in the marketplace.
The firm moved away from the franchise model as it realized the additional capital investment from the representatives could be deployed into their own business in the current licensing structure. In short, the proven system that Parsonex Financial Services currently runs creates a great opportunity for independent financial advisors to build a business, earn income and be potentially more profitable outside of a financial services franchise.
The retirement planning industry continues to be a growing business. IBISWorld had projected that the retirement planning industry will grow at 133.7% and named it second on their list of fastest growing industries from 2010 to 2019.
Our innovative entrepreneurship platform empowers small business owners to affiliated with or open a Parsonex Financial Services retirement planning branch in their local communities. Through its affiliates and partners we offer a proven system for opening, operating and growing a local franchise branch office. Instead of going to work for another company, you can go into business for yourself…but not by yourself.
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